DHL GLOBAL FORWARDING (DENMARK) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DHL GLOBAL FORWARDING (DENMARK) A/S
DHL GLOBAL FORWARDING (DENMARK) A/S (CVR number: 16474606) is a company from TÅRNBY. The company reported a net sales of 1854.3 mDKK in 2023, demonstrating a decline of -44.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 78.3 mDKK), while net earnings were 70.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 36.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DHL GLOBAL FORWARDING (DENMARK) A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 524.37 | 1 688.99 | 2 554.44 | 3 356.92 | 1 854.29 |
Gross profit | 98.90 | 105.73 | 153.24 | 188.27 | 191.18 |
EBIT | -9.36 | 1.70 | 49.00 | 72.17 | 78.27 |
Net earnings | -7.19 | 2.33 | 54.14 | 61.71 | 70.53 |
Shareholders equity total | 41.29 | 43.63 | 97.76 | 159.47 | 230.00 |
Balance sheet total (assets) | 292.57 | 283.63 | 575.15 | 795.88 | 753.99 |
Net debt | 32.81 | 71.01 | 123.48 | 191.08 | 137.33 |
Profitability | |||||
EBIT-% | -0.6 % | 0.1 % | 1.9 % | 2.2 % | 4.2 % |
ROA | -1.7 % | 1.9 % | 12.6 % | 12.0 % | 11.8 % |
ROE | -16.0 % | 5.5 % | 76.6 % | 48.0 % | 36.2 % |
ROI | -6.5 % | 4.7 % | 30.1 % | 28.3 % | 24.8 % |
Economic value added (EVA) | -8.95 | 1.52 | 52.12 | 53.81 | 56.20 |
Solvency | |||||
Equity ratio | 14.1 % | 15.4 % | 17.0 % | 19.9 % | 30.0 % |
Gearing | 79.5 % | 162.8 % | 126.3 % | 119.8 % | 59.7 % |
Relative net indebtedness % | 16.5 % | 14.2 % | 18.7 % | 19.1 % | 28.9 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.1 | 1.2 | 1.3 |
Current ratio | 1.1 | 1.1 | 1.1 | 1.2 | 1.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.3 | 42.2 | 55.3 | 41.7 | 45.4 |
Net working capital % | 1.0 % | 1.2 % | 2.4 % | 3.5 % | 9.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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